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20121101
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>> hi, everyone. welcome to the "journal" coming to you live from dw in berlin. the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican challenge
. ramin mellegard joins us from the business desk. we saw many americans celebrating the re-election of president obama but it seems the mood was different on wall street. >> it really was. we're seeing the reactions following the elections. investors really concerned about tax and spending issues and that's going to be a major focus going forward. government spending cults and tax hikes are set to go into effect at the end of the year. the so-called fiscal cliff. investors worry obama will be unable to resolve the crisis with the house of representatives still controlled by the republicans. the key index on the new york stock exchange fell sharply when markets reopened after the election. the dow jones industrial average at one point lost over 360 points. the index finished the day at 12,932, down 2.3% from the previous day's close. new york stocks dliped from the start as investor concerns shifted to how obama will address the country's economic challenges. they're particularly worried the fiscal cliff could weigh down u.s. growth into the new year. >> it's a pretty sad da
under way across the u.s. as americans decide who will lead the country for the next four years. after vigorous campaigning right to the last minute and aggressive advertising that made it the most expensive campaign of all time, president barack obama and his challenger mitt romney both into the election day confident of victory. >> but most election polls say the race for the white house is too close to call, meaning the result will be decided in a small number of so-called swing states by florida, ohio, virginia, and new hampshire, which was the first to vote on the stroke of midnight. >> voting began early in this part of new hampshire. the first ballot such traditionally cast here at midnight, and after the first 10 were tallied, it was a drop -- draw. >> for president -- this has never happened before -- we have a tie. five votes each. >> of voting in dick's bill has never been a gauge for the rest of the nation, but this year, polls show the race is a dead heat -- voting in dixville has never been engaged for the rest of the nation. >> after all the months of campaigning, after
. >>> the leaders of asia's top economies want to work out a free trade agreement. ramin mellegard joins us from the business desk. there are so many trade negotiations going on worldwide. what are the details in this case? >> catherine, representatives of japan, china, and south korea are trying to get together this month to talk about starting negotiations for a free trade pact. the countries have agreed there are benefits to strengthening economic ties as the move towards free trade accelerates worldwide. leaders of the three countries had agreed in may that they would begin the trade negotiations by the end of this year. been made in working-level meetings but prospects for the talks were unclear in the shadow of the japan/china territory i am dispute over islands in the east china sea. the official launch of fta talks is now expected to get the green light. on the sidelines of the east asia summit in cambodia on november 20th. >>> u.s. president barack obama declared his intention to raise taxes on wealthy americans. he says he wants to discuss this openly with republicans who control the h
. that means palestinians have gained more powers but u.s. and isiseli leaders argue it throws up more barriers on the road to peace. >> reporter: it was a historic day for palestinians. before the vote palestinians president made his last plea to gain the support of delegation from u.n. member states. >> translator: i am hoping everyone's decision will give a birth certificate to the state of palestine. >> the assembly voted on a resolution to award palstines nonmember state. >> the result of the voting is as follows. in favor, 138. opposed, 9. abstentions, 41. >> reporter: an overwhelming majority voted in favor. among the minority who voted against resolution were israel and the united states. they argue that the palestine state hood should be negotiated between the two parties first. thursday's vote was a significant victory for the palestinians after their bid to gain full u.n. membership was shelved in the security council. being recognized as a state pal stain my exercise its new right to investigate alleged war crimes by israel. critics say it would the detrimental. it remains to be see
the u.s. he said american official leaders have promised to minimize the global consequences of official tightening. >>> president barack obama and mitt romney are making their final pitches before americans head to the polls. obama visited three swing states. he told a crowd in wisconsin that romney would resurrect the republican policies of four years ago and preserve tax cuts for the wealthy. >> it's a choice between returning to the top down policies that crashed our economy or a future that's built on providing opportunity to everybody and growing a strong middle class. >> romney also campaigned in swing states. he told an audience in florida that obama had failed to deliver on promises to reduce the economic burden on americans. >> tomorrow we begin a new tomorrow. tomorrow we begin a better tomorrow. this nation is going to begin to change for the better tomorrow. >> the latest poll from abc news and the washington post suggests 50% of likely voters will cast their ballots for obama. 47% for romney. polls indicate a close race in eight states. some suggest the candidates are runni
say they will not accept it. should he go for it, they will boycott. weather they use violence of diplomatic means, they are always in a very difficult situation. things are not moving ahead, and it is a very volatile situation. you mentioned the war on syria. egypt is going in a very difficult direction. it is a quagmire, and you have to be careful the whole region does not explode. >> thank you so much for joining us here in studio. >> france's new prime minister has made his first official visit to germany, holding talks with german chancellor. at the top of the agenda was stagnant economic growth in france and europe generally. >> he told reporters that france remain committed to keeping greece in the eurozone and said it was in the interests of all eurozone countries to show solidarity with debt-stricken member states. for more on this now, we're joined from our parliamentary studiosy our political correspondent. there's been an awful lot of talk about deteriorating franco- german relations recently. what can you say after this visit? >> for the last six months, there has
obama becomes a first- inning president to visit burma. but >> lewis hamilton wins the u.s. grand prix. >> ban ki moon has arrived in cairo in support of the cease- fire between israel and hamas. >> the exiled leader of hamas says they must take the first up a bit want the truce in israel. they will consider a cease-fire in israel and their attacks and the siege of gaza. >> israel has bombed building and at least 90 people have been killed and some 700 wounded since the air strikes began. >> the bombardment of gaza continues. israeli defense forces are picking targets they say it are connected to palestinian militants. the billionaire also among the latest casualties. across the border in israel, ground troops are massing in preparations for a possible invasion. israel has no mobilize and 40,000 reservists. elsewhere, diplomats are attempting to broker a ceasefire. in jerusalem, middle east peace envoy tony blair met with perez to stop the rocket attacks. >> it is clear we do not have any ambition to gain an advantage but we just want to stop the fire. >> more than 1000 rockets have be
authority president is in the united states where he met the u.s. assistant secretary of state. the u.s. says it will vote against upgrading the palestinians from an observer entity to an observer state in the united nations. >> in syria, 34 people have been reported killed in a double car bombing in. reports indicate a suicide bomber blew up his vehicle shortly after a bomb went off. the attacks targeted a town loyal to president assad's government. meanwhile, an unconfirmed report says rebels in aleppo in the north shot down a fighter jet and captured its pilot. egypt pose a political crisis is deepening. clashes erupted in cairo between police and protesters who have been occupying central tahrir square. >> they about to stay put until president morsi withdraws from power. >> he insists that his decree is necessary for national security and is only temporary. >> police used tear gas to try to disperse the crowds, but the morning after mass protests, many demonstrators vowed to stay put. critics feel cheated. they say the president's decrees go against the spirit of egypt's revolution
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
are bringing us onto the streets. they are stealing our salaries. we do not have any rights anymore. >> hundreds of flights have been canceled across europe. in the portuguese capital, lisbon, many face long waits with nearly half of all flights canceled. >> we arrived at 9:00 in the morning, and we have to wait until 9:00 in the evening. public transport is not working, either, so we are stuck. it is a shame. >> access to ferry service has also been blocked. >> we are witnessing the biggest strike portugal has ever seen. it also has a special significance because it is the first time spanish and portuguese workers are conducting a strike on the very same day. >> strikes are under way in greece, italy, and france, and railway workers in belgium have also walked off the job for 24 hours, affecting both domestic and international services. >> let's go live down to spain now. miles thompson joins us on the line from madrid. what is the latest? >> well, there have been a number of demonstrators, but at the moment, i am on the streets, and it is relatively quiet. as a whole, there were m
's president has issued a declaration banning challenges to his decrees, laws, and decisions. fill us in on this breaking story. >> yesterday's celebrated mediator is taking really dictatorial powers in a constitutional decision by the president. he gave himself all necessary means. he fired the prosecutor general. he ordered trials for those accused of violence in the revolution to be reopened. he is also giving the constitution assembly more time, but at the same time, the constitution assembly is getting immunity from any legal interference, and his own decision cannot be legally challenged. people are still trying to understand and still trying to digest it. the former head of the nuclear agency in vienna -- the question is very much what he will do with his new power. is he going to push egyptian institutions forward, or will he miss use or abuse it? >> another question briefly, if you could -- this is a fast- moving story, how will this affect his role as a regional power broker, especially if it comes six, us? >> -- comes to hamas? >> the question is what will happen with egypt
of powers will be temporary. he's has confidence in the search for a compromise. they're asking him to use restraint. >> democracy means the rule of law and the division of powers. therefore, i appeal to the egyptian leadership to seek a compromise. >> that is what the demonstrators in cairo are looking for. they vow to continue until he meets their demands. >> for the latest on the story, we are joined now from cairo, and he is following the events there. the president is trying to diffuse the situation and he is negotiating with senior judges. is there any sign of a compromise? >> not yet. the country is really waiting to see if he is going to give in and see if there will be a compromise. the only thing he underlined yesterday is the measure of glory. by substance, no compromise yet. >> what about the mood on the street compared with what you have experienced over the last 18 months? what is it like? >> the muslim brotherhood it is against all the other political institutions. they are unified as they never were before expect that in the military behind mubarrak. there are two big demon
e will allow the u.s. to becomesue year 200035. se-- 2035. >>orgn imports are 3 accordin theae by 2017, u.il ori aria ne mho f erain oil and a shell sesvewi beesnsleorhe rnou. -- oil a gre poib. energy is in mndtrl tis llal sghy. it i aifre sryn eae cles wl meand the m sharply over the xtece. the international agency -- energeyelvemail be spped to asia in theute dillchgihe map o global energy flows. >> and no major plunge for the daxod. we on this report fmhe anurstk chgen at movintoy. >> to 0.7%, the gmastk de ltn e pvis week, so maybe it is already good ns tt d n inevitably plunged further on e rstrindaf is ek political issues like greec eisl ifn the united states, kpi iesrs xis darngeason is about to come to an e i gean so far, very few mag t suriitthr earnings and many doubt whetherheutok mi in will manage to change the trend. l'av aloser loo at some of the market numbers. thax ending justlitlup 78. euroox0 down. theowonp a bit to 1235 theus adg a $1.2710. >> we seem to having se chnical dficulties. l's tn to some japanese stocks. they have taken de closing almost one o d
ace chung leave for the united states in may. he using the internet mostly for his activism. >> translator: the communist party is the biggest violator of the rights of the chinese people. >> reporter: however, his activities are monitored closely. and he continues to be harassed. one time he was attacked by police agents as he left his house. another time he found the tires of his car had been flattened. his wife is also an activist. in this video she's being obstructed as they leave the house. the harassment has extended to the whole family. the situation got so bad that his wife left for hong kong in september together with their daughter who was 4 at the time. they were worried that they were no longer safe in beijing. >> translator: i'm happy that my wife and daughter will be somewhere that's safe and free. but i'm really going to miss them. >> reporter: eleven days after they left on september 18th, hu was placed under house arrest. a week later on october 25th, ahead of the communist party congress hu was moved to a province 1,200 kilometers south of beijing. the auth
correspondent has been following this from brussels, and he joins us now. is it clear yet if an increase will get this next tranche of bailout funds it is waiting for? >> it is not clear. after today's spat, greece is hoping that on the occasion of the next meeting, that could be cleared, but the problem is that some national governments -- sorry, some national parliaments, will have to approve this first. the timetable is tight. it is very difficult, and it was not at all clear from this meeting, which was dominated by the dispute between international monetary fund and the europe group ministers, just how quickly they could do that, but greece is saying it will be out of money, bankrupt, by friday november 16. they have got to raise money on international markets somehow, and they need the backing or at least the promise of that extra bailout to do that. it is a bit of a puzzle. >> how big is this difference of opinion we've been hearing about? >> big. what happened earlier today or late last night reflected the frustration in the international monetary fund at the constant pushing off
is expected early next year. >> our correspondent has been covering the summit for us in brussels. what happens now? there must be real anxiety among those eu countries that rely on this type of funding. >> after the meeting, the council president stressed that there was consensus among all the eu member states that they are working toward a budget of growth, and that is an important message to send to the poorer countries because areas like the agricultural policy seemed to be safe from further cuts. those are areas where especially poorer regions benefit, so that is good news. ahead of the summit, positions seem to be even further apart than they are now -- seemed to be even further apart than they are now. it is coming to a compromise, but the general feeling is one that they are trying to get towards a deal where positions still our part, and that is why they need a second ago. >> what do you leaders think they can achieve at the next summit that they could not achieve at this one? >> now it is time to go home and do some homework -- crunch some numbers, of course, but most importan
Search Results 0 to 16 of about 17